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    PIK_climate (pik_climate@wisskomm.social)'s status on Friday, 24-Nov-2023 00:41:38 JSTPIK_climatePIK_climate

    Tropical #cyclones substantially raise the Social Cost of Carbon: With #GlobalWarming the share of the most intense tropical cyclones is expected to increase so that economies may not be able to recover fully in between storms.
    However, long-term effects of extreme events are not taken into account so far. The real costs are probably even higher than currently estimated and the benefits of climate mitigation consequently underestimated, a new study shows: https://www.pik-potsdam.de/en/news/latest-news/a-fifth-higher-tropical-cyclones-substantially-raise-the-social-cost-of-carbon

    In conversationabout a year ago from wisskomm.socialpermalink

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      A fifth higher: Tropical cyclones substantially raise the Social Cost of Carbon
      11/23/2023 - Extreme events like tropical cyclones have immediate impacts, but also long-term implications for societies. A new study published in the journal Nature Communications now finds: Accounting for the long-term impacts of these storms raises the global Social Cost of Carbon by more than 20 percent, compared to the estimates currently used for policy evaluations. This increase is mainly driven by the projected rise of tropical-cyclone damages to the major economies of India, USA, China, Taiwan, and Japan under global warming.
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